Relevant and even prescient commentary on news, politics and the economy.

Open Thread October 14 2023 State of Global Water Resources 2022

State of Global Water Resources 2022, World Meteorological Organization, wmo.int. The hydrological cycle is undergoing significant changes, with increasing global variability. Mainly due to climate change and human interventions. Living with Water Scarcity, Angry Bear, Dan Crawford, Living with Water Scarcity (2nd edition), The one-handed economist, David Zetland.

Drones again (this time on the side of Evil)

It appears that one important source of the appalling success of the Hamas terrorist invasion of Israel was their use of Drones. Israel relied on a medium tech remote sensing and viewing system with video cameras and remote-controlled machine guns connected to controllers through a cell-phone like system. Hamas used drones to knock out the […]

Status Quo Bias all time winner: the rules of the senate

Currently US ally Israel is responding to a massive terrorist invasion. The US response is slightly hampered by the fact that the  United States has “no confirmed ambassadors to Israel, Egypt, Oman, or Kuwait”, also “the counterterrorism envoy position and human rights envoy position as well as the top job at the U.S. Agency for International Development […]

September inflation was moderate, Except for . . .

Except for fictitious shelter and vehicle repairs, September inflation was moderate  – by New Deal democrat With the main exception of fictitious shelter, consumer inflation in September remained relatively subdued, but as anticipated has stopped decelerating. First I’ll look at the headlines, then the problem children. Total inflation (blue in the graph below) rose 0.4% […]

Medicare Advantage Artificial Intelligence can Limit Care for Patients

At Angry Bear, we have one person and his wife using a KFF Medicare Advantage plan. He reports good to excellent care being the result of the KFF plan. Potentially there still can be cost issue even with KFF plans. This commentary by KFF Health News is about Medicare Advantage plans in general. Read on. […]

China and the economics of seafood

When we moved to New England last year, I looked forward to eating more seafood, locally sourced. The first clue I had that my expectations were not grounded in reality was when I discovered that the cod in grocery stores was Alaskan/Pacific cod. Turns out, a lot of the seafood on your plate was likely […]

Pure, unadulterated evil is unleashed on this world

One has to ask how we have reached this point in the Middle East. There are many actions taken which have maligned Palestinians and Arabs. If we allow the Gaza to be abandoned by Palestinians due to terrorists, who follows? This sounds too much like the growth of Israel at the expense of the Palestinians. […]

September producer prices confirm economic tailwind has ended

September producer prices confirm economic tailwind has ended  – by New Deal democrat My strong suspicion has been that the tailwind of declining commodity prices, typified by the big decline in gas prices in late 2022 is what allowed the US economy to grow so well so far this year, blunting the effects of major […]

Middle Eastern turmoil and gas and oil prices

A note on Middle Eastern turmoil and gas and oil prices  – by New Deal democrat While we wait for producer and consumer inflation data later this week, here’s a note about gas prices. With the newest shock in the Middle East, conventional wisdom is that the price of oil and gas will spike. And […]